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Bitcoin’s dive under $27K liquidates $100M — So why aren’t margin traders flipping bearish?

BTC price falls below the 55-day support level at $27,000, but futures market resilience sparks hope for a recovery toward $28,000.

Continue ReadingBitcoin’s dive under $27K liquidates $100M — So why aren’t margin traders flipping bearish?

Bitcoin, Ethereum Technical Analysis: ETH, BTC Fall to Multi-Week Lows, Following US Inflation Data

Ethereum fell below $1,800 in today’s session, as markets continued to react to the latest U.S. consumer price index. Inflation in the United States fell to 4.9% in April, less…

Continue ReadingBitcoin, Ethereum Technical Analysis: ETH, BTC Fall to Multi-Week Lows, Following US Inflation Data

Bitcoin, Ethereum Technical Analysis: BTC Hovers Near Key Price Floor, Ahead of US Inflation Report

Bitcoin was hovering close to a key price floor near $27,300 on Wednesday, as markets anticipated the upcoming U.S. inflation report. Consumer prices for last month are expected to remain…

Continue ReadingBitcoin, Ethereum Technical Analysis: BTC Hovers Near Key Price Floor, Ahead of US Inflation Report